Matthew Roberts

3 weeks ago | forbes.com | Matthew Roberts

IRS Form 3520gettyThe IRS often challenges taxpayers who seek penalty abatements for late-filing penalties, particularly those related to international information returns. Generally, these cases focus on whether the taxpayer can demonstrate reasonable cause for non-compliance.

1 month ago | forbes.com | Matthew Roberts

Grantor trusts are treated differently from other trusts for federal income tax purposes. Whereas many trusts are respected as separate entities, grantor trusts are disregarded with the grantor (or deemed owner) of the trust required to report the trust’s tax items (e.g., income, deductions, credits, etc.). Generally, a trust is characterized as a grantor trust if the trust meets one or more of the requirements set forth in the grantor-trust rules (i.e., sections 671 through 679).

1 month ago | forbes.com | Matthew Roberts

The application of U.S. tax laws often turns on the meaning of “residency.” Although U.S. citizens and residents are subject to federal income taxes on their worldwide income, non-residents who are not U.S. citizens (“Foreign Persons”) are generally not unless the income has a nexus to the U.S. Under the U.S. income tax regime, individuals may establish residency through their physical presence in the U.S. U.S. estate and gift tax laws—referred to as “transfer taxes”—also apply to U.S....

1 month ago | forbes.com | Matthew Roberts

There are more than 100 penalties in the Internal Revenue Code. Each penalty varies in scope, but a common defense for almost all of them is “reasonable cause.” Where this defense applies, the IRS can’t impose penalties. Generally, taxpayers prove reasonable cause by detailing facts and circumstances that show they acted with ordinary business care and prudence, notwithstanding the compliance failure.

2 months ago | amdocs.com | Matthew Roberts |Matt Roberts

Apr 24, 2025Opposite Ends, Same Goal: Rethinking Connectivity from AT&T to MVNE.plCan any brand become a mobile provider?  That’s the question Matthew Roberts explores at MWC Barcelona 2025, as he sits down with two industry leaders who are reshaping traditional telecom models through Amdocs’ ConnectX—or as some might call it, “telco in a box.” First, Matt is joined by Stephanie Ormston, Head of Commercial and Product at AT&T’s MVNX Ecosystem.